MySpace Lays Off Nearly Half Its Staff

MySpace Lays Off Nearly Half Its Staff

MySpace has announced that nearly half its employees around the globe will be laid off in a broad restructuring of the foundering social network. About 500 employees, or 47% of the company’s global staff, will be let go, CEO Mike Jones said in a statement on Tuesday.
Bieber and The Who? UMG In Talks With Tommy Hilfiger To Develop Musician Clothing Lines

Bieber and The Who? UMG In Talks With Tommy Hilfiger To Develop Musician Clothing Lines

Universal Music Group and fashion designer Tommy Hilfiger are reportedly in negotiations to develop fashion collections for UMG's artist roster. Hilfiger's Music and Entertainment and Sports Holdings (MESH), which formed last year, is planning to launch the clothing lines this fall. The artists mentioned in the report are Justin Bieber and The Who.  

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